Are you hurting your company by not taking enough risk?

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Let’s think about risk and outcomes.

recently put out a paper on “Overcoming a Bias Against Risk.” Their theme is that corporations have become too timid and the financial decisions of individuals in the arena of risk appetite are affected by a combination of personal greed and job security.

After the defamation lawsuit was initiated, Rutenberg reports that the Fox legal eagles were making a persuasive case that they would either win outright or on appeal. They did not want to show Rupert any weakness. May I suggest perhaps they needed a quick visit to the resident shrink? I am the CEO coach of a young man. He calls and describes his dispute with an ex-employee. The employee wants to be paid for the work time he ostensibly provided. My guy is outraged, offended and determined to not roll over. The disagreement difference was less than $6,000.A few years ago, I had to sue a former partner. He owed me money . The facts were a bit fuzzy. It was not a slam-dunk case. I would consider it “found money.” I offered to settle for 30 cents.

 

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